how do i buy shares on commsec without paying fees?

@amosglad01 - 7 months ago - Forex Brokers

Hi there, may i ask if theres a way to buy shares on commsec investment platform here in Australia withou paying any fees?

@hipkin_mike - 7 months ago

Your first 10 trades on Commsec are free of charge so you do not pay any brokerage fees to Commsec, but you still pay stock exchange fees (this does not go to Commsec). After your 10th trade, Commsec will start charging you brokerage fees from as low as $5 to as high as $30.

To buy shares using the Commsec platform, you may open an Australian Share Investing Account (this is for investing in local shares listed on the ASX) or you could open an International Share Investing Account (this is for investing in US & EU shares only).

As you open any of these share investing accounts, Commsec will automatically open a CDIA account for you for clearing purposes.